JAKKS Pacific (JAKK) Tops Q4 EPS by 15c

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Go back to JAKKS Pacific (JAKK) Tops Q4 EPS by 15c

JAKKS Pacific Reports Fourth Quarter 2016 Financial Results

February 23, 2017 6:00 AM EST

2016 Results Ahead of Recently Reduced Sales and EPS Outlook

2017 Outlook Anticipates Net Income, EPS and Adjusted EBITDA Growth on Lower Sales, and Improved Profitability Based on Strong License Line-up, Internally Developed IP and Content

SANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the fourth quarter of 2016, which ended December 31, 2016.

Fourth Quarter Overview versus same period last year:

Net sales totaled $167.0 million, compared to $163.4 million Gross margin was 31.2%, up from 30.3%... More